Trending Again ($SPX)

Model Gold Portfolios: Gold = Long 4/17, S&P 500 = Long 4/27

Technical Read:

  • CTM150427Gold: The yellow metal has had a rollercoaster ride over the past few days. The GLD briefly powered south of 114.5 (and 113.50 too!) before leaping on Monday. A game of inside baseball (Citigroup and Venezuelan central bank) was reported as a trigger event. The point is, sellers seem to have limitations on the downside, at least in terms of time. Nonlinear trading analysis is positive. Next stop 117.5? The model gold portfolio is long.
  • CTM150427sS&P 500: The largecap model reversed again, as nonlinear trading analysis skipped a stay in neutral ground, and moved straight to bullish. Though we have seen some down days over the past month, the general trend is up. As of today, the models see higher prices ahead in the S&P. The largecap model is now long. side.

Premium offers:

  • Bond Trading Signals. I am offering a similar Mummy process for Treasuries. See the “Bond Trading Signals” tab for more info. Currently available.
  • Currency Trading Signals. I am now offering a similar Mummy process for currencies. This service will involve two signal paths, one on the US dollar and the other on a user selected second currency (1+1).The fee will be the same as the bond trading signals. Currently available.

GH Garrett – Veteran Commodity Watcher for Conquer the Mummy .com “Nonlinear signals that matter in gold trading.”

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